Business Hilights

Tracking Nigeria's Headline Business News Online

Captain Emmanuel Ihenacho

Ihenacho flags off construction work at $450m Tomaro Industrial Park in Lagos

Chairman/Chief Executive Officer of Integrated Oil and Gas/Genesis Shipping Worldwide, promoters of Tomaro Industrial Parks, Captain Emmanuel Ihenacho, has flagged off construction activities on Tomaro Industrial Park, a Free Trade Zone (FTZ) in Lagos. In line with growing private participation…

Banking/Investments

How NIMASA dodged addressing CVFF, most critical issue in maritime industry @ WPC

The Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside Tuesday failed to give any meaningful reason causing the delay in the disbursement of the Cabotage Vessel Financing Fund (CVFF), at his World Press Conference (WPC)…

More stakeholders intensify calls for the disbursement of Cabotage fund by NIMASA

Considering the observed silence by the Nigerian Maritime Administration and Safety Agency (NIMASA) in the calls by shippers and other stakeholders to release the Cabotage Vessel Financing Fund (CVFF) to address the problems of ship owners in the industry, some…